Columbus, Indiana headquartered Cummins Inc.'s stock finished Thursday's session 0.16% higher at $152.18. A total volume of 1.55 million shares was traded, which was above their three months average volume of 1.40 million shares. The Company's shares have advanced 8.78% in the past month, 11.28% in the previous three months, and 11.35% on an YTD basis. The stock is trading 6.75% above its 50-day moving average and 20.61% above its 200-day moving average. Additionally, shares of Cummins, which designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products, have a Relative Strength Index (RSI) of 71.61.
On January 19th, 2017, research firm Longbow upgraded the Company's stock rating from 'Neutral' to 'Buy'.
On February 14th, 2017, Cummins' Board of Directors declared a quarterly common stock cash dividend of $1.025 per share, payable on March 06th, 2017, to shareholders of record on February 24th, 2017. See our free and comprehensive research report on CMI at:
Illinois Tool Works
On Thursday, shares in Glenview, Illinois headquartered Illinois Tool Works Inc. recorded a trading volume of 1.19 million shares. The stock ended the session 0.39% higher at $130.26. The Company's shares have advanced 5.34% in the last one month, 4.78% over the previous three months, and 6.37% since the start of this year. The stock is trading 3.93% above its 50-day moving average and 12.49% above its 200-day moving average. Moreover, shares of Illinois Tool Works, which manufactures and sells industrial products and equipment worldwide, have an RSI of 72.09.
On February 10th, 2017, Illinois Tool Works' Board of Directors declared a dividend on the Company's common stock of $0.65 per share for Q1 FY17. The dividend equates to $2.60 per share on a full-year basis. The dividend will be paid on April 11th, 2017, to shareholders of record as of March 31st, 2017. ITW free research report PDF is just a click away at:
Shares in Downers Grove, Illinois headquartered Dover Corp. closed the day 0.21% lower at $79.98. The stock recorded a trading volume of 798,210 shares. The Company's shares have gained 2.02% in the last month, 12.45% in the previous three months, and 6.74% on an YTD basis. The stock is trading 3.18% and 12.21% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Dover, which manufactures and sells a range of equipment and components, specialty systems, and support services in the US and internationally, have an RSI of 59.03.
On January 27th, 2017, research firm Stifel reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $76 a share to $85 a share.
On February 14th, 2017, Dover announced that it has completed the sale of its Performance Motorsports International unit (PMI) headquartered in Mentor, Ohio, to Race Winning Brands, a portfolio company of Kinderhook Industries, LLC for total consideration of $150 million, which includes Dover`s retention of a minority ownership interest in the ongoing business. PMI is a leading manufacturer of pistons and other engine related components serving the motorsports and powersports markets. Sign up for your complimentary report on DOV at:
At the close of trading on Thursday, shares in Rye Brook, New York headquartered Xylem Inc. finished 0.17% higher at $47.75. The stock recorded a trading volume of 1.18 million shares. The Company's shares are trading below their 200-day moving average by 0.89%. Furthermore, shares of Xylem, which engages in the design, manufacture, and application of engineered technologies for the water and wastewater applications, have an RSI of 43.52.
On February 02nd, 2017, Xylem reported Q4 2016 net income of $50 million, or $0.28 per share. The Company delivered adjusted net income of $118 million, or $0.66 per share, in Q4 2016, up 10% on a y-o-y basis. Xylem's revenue was $1.1 billion for Q4 2016, up 10% due to the contribution of the Sensus business, which was acquired on October 31st, 2016. For the full year 2016, Xylem generated $3.8 billion in revenue, up 3% on a reported basis and 1% organically. Full-year 2016 reported net income was $260 million, or $1.45 per share, with an operating margin of 10.8%.
On February 03rd, 2017, research firm Boenning & Scattergood upgraded the Company's stock rating from 'Neutral' to 'Outperform'. Register for free on Stock-Callers.com and download the latest research report on XYL at:
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